Industrial Contractor Supply & Storage Units with Real Estate Included

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Asking Price:
$499,000

Gross Revenue:
$512,946
Cash Flow:
$78,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$250,000
not included in asking price

FF&E:
$35,000
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Significant income potential from multiple sources with these market leading, proven, validated businesses of 111 years and 10 years of age including a well-maintained 26 unit, .248 acre metal self-storage units and an independent commercial hardware/retail hardware and industrial contractor supply warehouse. Storage units have great visibility, ingress, egress in this prime downtown commercial area with eight 10 X 20 units with 9 ft. doors, six 10 X 15 units with 8 ft. doors, ten 10 X 10 units with 8 ft. doors, and two 5 X 10 units with 5 ft. doors.

The hardware includes U-Haul, firearms, professional grade Milwaukee Power Tool Distributor, Pratt & Lambert exclusive paint distributor, glass cutting, plumbing and pipe threading, roof coating, fasteners, electric, lawn and gardening, hand tools, yard tools, grass/garden/fertilizer, etc. Gross sales of $512,946, seller discretionary cash flow $78,000, inventory of $250,000, furniture, fixtures, equipment $35,000, priced to sell at $499,000 with potential 50% seller financing if approved. Great real estate holdings of a brick three story 12,500 SF building, silo parking lot and .248 acre with 26 unit self-storage.

If you have been looking for multiple businesses, diversified cash flow and strong real estate holdings priced to sell, check this one out!

The information contained herein has been secured from the Seller. Sunbelt Business Brokers of Northern Ohio does not warrant or guarantee in any way whatsoever either the accuracy or the correctness of the information or any assumptions or inferences there from. Buyer should conduct his or her own diligence before buying. This information is subject to change without notice. The real estate is presented by EMMCO Realty Group, Coldwell Banker.

About the Business

Location:
Ohio
Year Established:
1908
Number of Employees:
4 FTE
Real Estate:
Owned
Building Sq. Ft.:
12,500
Facilities:
12,500 sq. ft. facility, with real estate included
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will negotiate a transition period
Seller Financing:
Seller will consider some financing for a qualified buyer

Listing Info

ID:
1637429
Ad Detail Views:
0

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Business Listed by

Jeffrey Bury

Sunbelt Business Brokers of Northern Ohi

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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.